The Board

In this section:

About us
- Who are we?
  - The Board
    - Board Committees

Related information

Articles of Association
Governance of the Authority Memorandum
Memorandum
Schedule of Matters Reserved to the Board

The FSA is governed by a Board appointed by the Treasury.

The majority of the Board members are non-executive. The Deputy Governor (Financial Stability) of the Bank of England, is an ex officio director. One of the non-executive members is Deputy Chairman and 'lead' non-executive. The non-executive directors check that we operate efficiently and economically, oversee our mechanisms of financial control and set the pay of the executive members of the Board.

FSA board members as at 2 April 2012:

Chairman

Adair, Lord Turner

Adair Turner was appointed FSA Chairman in September 2008. He has combined careers in business, public policy and academia.

Adair Lord Turner's full biography

Chief Executive, FSA

Hector Sants

Hector was appointed FSA Chief Executive at the end of July 2007 and in July 2010 was appointed Deputy Governor Designate of the Bank of England and CEO designate of the Prudential Regulation Authority which will be the subsidiary of the Bank of England responsible for prudential regulation of Banks and Insurers. He is also a member of the interim Financial Policy Committee of the Bank of England.

Hector Sants's full biography

Other board members

Amanda Davidson - Non-executive FSA Board Member

Amanda Davidson joined the FSA Board in May 2010. She has been a Director of Baigrie Davies, an Independent Financial Adviser, since 2005. Her previous career includes Directorship of Holden Meehan where she was involved in the sale of the business to Bradford & Bingley in 2003.

Amanda Davidson's full biography

Andrew Scott - Non-executive FSA Board Member

Andrew Scott joined the FSA Board in November 2009. He is Professor of Economics and Deputy Dean at London Business School, a Fellow of the Centre for Economic Policy Research and Scientific Chair of the Euro Area Business Cycle Network.

Andrew Scott's full biography

Brian Flanagan - Non-executive FSA Board member

Brian Flanagan joined the FSA Board in January 2007. He is a non-executive director of Bettys and Taylors of Harrogate. He is also advisor to Jet Environmental Ltd. He was formerly a Vice President of Mars Inc.

Brian Flanagan's full biography

Brian Pomeroy - Non-executive FSA Board Member

Brian Pomeroy CBE joined the FSA Board in November 2009. He was the Senior Partner of Deloitte Consulting until 1999 when he took up a number of public, private and voluntary sector appointments.

Brian Pomeroy's full biography

Dame Sandra Dawson - Non-executive FSA Board member

Dame Sandra joined the FSA Board in May 2010. She has been a Deputy Vice Chancellor of Cambridge University since 2008. Since 1995 she has held various other roles at Cambridge University including Director of the Judge Business School and Master of Sidney Sussex College.

Dame Sandra's full biography

James Strachan - Non-executive FSA Board Member

James Strachan joined the FSA Board in November 2009. He is a non-executive director of Towergate Insurance Group, JPMorgan Asian Investment Trust plc, Welsh Water Limited, Sarasin and Partners LLP and Social Finance Limited.

James Strachan's full biography

Karin Forseke - Deputy Chair and Senior Independent Director

Karin Forseke joined the FSA Board in December 2004. She was appointed as Chairman of Alliance Trust in April 2012.

Karin Forseke's full biography

Lesley Titcomb - Acting Chief Operating Officer

Lesley became Acting Chief Operating Officer in July 2010 and has overall responsibility for the FSA’s Operations Business Unit.

Lesley Titcomb's full biography

Martin Wheatley - Managing Director, Conduct Business Unit

Martin Wheatley joined the FSA on 1 September 2011 as the Managing Director of the Conduct Business Unit. In due course, Martin will become the CEO of the Financial Conduct Authority (FCA).

Martin Wheatley's full biography

Mick McAteer - Non-executive FSA Board Member

Mick McAteer joined the FSA Board in November 2009. He is a consumer advocate with long experience of representing consumers at UK and EU level.

Mick McAteer's full biography

Paul Tucker - Non-executive FSA Board Member

Paul Tucker joined the FSA Board in March 2009 after having become Deputy Governor, Financial Stability of the Bank of England. He is a member of the Bank's Monetary Policy Committee, the Financial Policy Committee and in addition has specific executive responsibility for the Bank's work on financial stability.

Paul Tucker's full biography

Peter Fisher - Non-executive FSA Board member

Peter R. Fisher joined the FSA Board in January 2007. He is Senior Managing Director of BlackRock and is Head of BlackRock's Fixed Income Portfolio Management globally.

Peter Fisher's full biography